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Sharpen your business communication skills with this Howcast video series.
You Will Need
- Verbal agreement
- Parties to the agreement
- Valid dates for the agreement
- Termination conditions
- Understanding about binding terms
- Request for a reply
- Terms and conditions (optional)
State terms clearly
Spell out the essential elements of the verbal agreement you have reached with the other party.
Identify all of the parties
Identify all of the parties subject to the agreement.
Specify the beginning and ending dates of the period for which the agreement is to remain valid.
Include a termination statement
Include a statement explaining how the agreement can be terminated.
Add a statement about the agreement being binding
Add a statement that both parties understand they are entering a binding agreement -- if that is in fact the case.
Request a reply
Request a reply if the other party does not agree that the letter accurately reflects the verbal agreement. Then sit back knowing that you have clearly stated the terms of your agreement.